Davos Open Forum 2005-Entrepreneurship: Key for Development?

Entrepreneurship: The Key for Development?
Ensuring the inclusion of the poor in the overall growth process remains a global challenge and fostering entrepreneurship is considered part of the answer. The provision of credit to the poor -- highlighted by the "International Year of Microcredit 2005" -- is vital, along with other tools, to promoting entrepreneurship and reducing poverty.
1) How can entrepreneurship be promoted in order to stimulate bottom-up development?
2) What challenges and dangers do new microcredit instruments pose for the poor?
3) What is the potential role and responsibility of the private financial sector in fostering development?
Priscilla Daniel, Programme Executive, ECLOF - Ecumenical Church Loan Fund, Switzerland
Walter Fust, Director-General, Swiss Agency for Development and Cooperation, Switzerland
Walter B. Kielholz, Chairman of the Board, Credit Suisse Group, Switzerland
Mandisi Mpahlwa, Minister of Trade and Industry of South Africa
Roshaneh Zafar, Managing Director, Kashf Foundation, Pakistan; Social Entrepreneur
Moderated by
Ernst A. Brugger, Managing Director, Sustainability Forum Zurich, Switzerland

Category:

News & Politics

Tags:

• Davos
• Open
• Forum
• 2005
• World
• Economic
• Weltwirtschaftsforum
• WEF
• Daniel
• Fust
• Kielholz
• Mpahlwa
• Zafar
• Brugger

[bellinivernon]

Muy bueno !! Gracias ,desde argentina ,en el sur.

[yahoovisitor]

Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments gradually eat up the entire loan. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank